African leaders call for stronger homegrown financial institutions

African policymakers and development finance leaders have called for stronger homegrown financial institutions to protect the continent from rising global investment risks. Speaking during the 25th Annual General Meeting of the Africa Trade and Investment Development Insurance Agency (ATIDI), the leaders urged African countries to rely more on local capital and risk-sharing mechanisms to sustain economic growth. The leaders said strengthening African-led financial systems is key to improving resilience and supporting long-term development. Here is Jimmy Mbogoh with more.